McKesson's David Nace, M.D. to Speak on Bundled Payments at AHIP Institute 2011

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McKesson's David Nace, M.D. to Speak on Bundled Payments at AHIP Institute 2011

June 15, 2011

Nace and Other McKesson Experts to Address Key Initiatives That
Tackle Critical Elements of Reform

David Nace, M.D., vice president, medical director, McKesson Corporation, will be speaking on the challenges and opportunities for payers with bundled payment initiatives at America's Health Insurance Plans ( AHIP ) Institute 2011 in San Francisco on June 15-17. Nace will join other McKesson experts who will share their insights on the most challenging issues facing payers in this age of reform such as reducing administrative costs, managing risk and medical costs, optimizing provider networks and improving quality.

Nace's presentation is titled "Change Management for Payers: Challenges & Opportunities around Episode of Care and Bundled Payment Initiatives." He will focus on the change management challenges and opportunities that episode of care (EoC) and bundled payment (BP) programs present to health plans in the transition away from fee-for-service models. He will also discuss how EoC/BP initiatives can provide opportunities for payers as they strive to work more collaboratively with provider-managed entities and as they work to align reimbursement and incentives with preventative measures. In addition to his role at McKesson, Nace was recently named as the first vice chairman of the board of directors of The Patient-Centered Primary Care Collaborative and represents McKesson on the board at the Integrated Healthcare Association in California.

"Healthcare reforms are causing payers to consider making sweeping changes in the way they do business ? and many organizations are looking for innovative approaches that will solve their business problems today and in the future," says Emad Rizk, M.D ., president, McKesson Health Solutions. "In Dr. Nace's session and throughout our other venues at this year's AHIP Institute, we will be demonstrating how payers can automate and simplify their processes and improve clinical and financial decision-making to optimize their businesses for the short and long terms."

At AHIP Institute 2011, McKesson will also feature its initiatives that tackle key elements of payment and care delivery reform including:

Administrative cost reduction through automation and simplification of
processes

Management of risk and medical costs

Optimizing provider networks

Improving quality and outcomes

"With the stakes so high, now more than ever it is critical for health plans to take action and rethink their approaches to care delivery and payment reforms," adds Rizk. "Our focus at AHIP Institute 2011 will be to showcase innovative and yet practical approaches that health plans can deploy today to automate and simplify those critical processes that provide the greatest impact on reducing administrative costs in this era of reform."

About McKesson

McKesson Corporation, currently ranked 15th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better. We partner with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. For more information, visit http://www.mckesson.com .